Tag:
Senator Richard Durbin
Latest Headlines
Latest Headlines
Durbin spars with Dimon over interchange fees
The battle over the Durbin Amendment is as hot as ever, even though Dodd-Frank has already passed into law. The new interchange fees applied to debit card swipes is set to take effect this summer, and you can expect a lot of headlines as that date approaches. The banking industry is going all-in f
Citi to support novel attempt at mortgage relief?
Citigroup is said to be seriously considering supporting a plan that would let troubled mortgage owners save their homes via bankruptcy court, reports CNNMoney.com . The idea--spearheaded by Senator Richard Durbin, who is in talks with Citi about the plan--would give bankruptcy court judges the
